Category: TDS

Tax Deducted At Source

TDS / TCS Compliances Reminder for June 2026

7th June 2026 – Due Date for TDS / TCS payment for deductions / collections during May 2026 15th June 2026 – Due date for issuance of TDS Certificates for Quarter 4 of Tax Year 2025-26 *Please ensure timely compliance… Read more »

Higher Rate of TDS for Non-Furnishing of PAN – Section 397(2) (206AA & 206CC)

The provisions relating to higher deduction or collection of tax at source in cases where Permanent Account Number (PAN) is not furnished have been restructured under the Income-tax Act, 2025…. Read more »

Understanding TDS on Purchase of Goods – Section 393(1) (194Q)

The provisions relating to TDS on purchase of goods were introduced to track high-value transactions and have now been incorporated under the Income-tax Act, 2025 as Section 393(1) [Table: Sl…. Read more »

TDS on Income in respect of Units of a specified Mutual Fund – Section 393(1) (194K)

The provisions relating to TDS on income in respect of units have been restructured under the Income-tax Act, 2025. The earlier Section 194K of the Income-tax Act, 1961 is now… Read more »

TDS on Purchase of Immovable Property – Section 393(1) (194IA)

The provisions relating to TDS on purchase of immovable property have been restructured under the Income-tax Act, 2025. The earlier Section 194IA of the Income-tax Act, 1961 is now covered… Read more »

TDS on Payment under Joint Development Agreement – Section 393(1) (194IC)

The provisions relating to TDS on payments under Joint Development Agreements have been restructured under the Income-tax Act, 2025. The earlier Section 194IC of the Income-tax Act, 1961 is now… Read more »